Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup
      • Olympics
      • #
    • Videos
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obits
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup
      • Olympics
      • #
    • Videos
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obits
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
    • Business Bites
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • Videos
  • Career & Education
  • Classifieds
  • All Woman
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Design Week
Time for change
A number of people do not have an income after retirement
Front Page, News
Tamoy Ashman | Reporter |ashmant@jamaicaobserver.com  
May 13, 2024

Time for change

Minister says country needs to reassess traditional notions of retirement

THE continued decline of Jamaica’s birth rate has highlighted the need to reassess traditional notions of retirement, said Minister of Labour and Social Security Pearnel Charles Jr who emphasised the imperative for society to adapt to the changing landscape.

“The birth rate is declining while the mortality age is increasing, and therefore we have to adjust in our thinking about how we treat with persons after the current age of retirement,” said Charles Jr.

The minister was speaking at the launch of Worker’s Week and Labour Day on Friday, held under the theme: ‘Ramp up di access…show that you care’. This year the focus will be on persons with disabilities, the elderly, and the vulnerable.

He referred to recently published news articles which stated that, according to the Jamaica Population Health Status Report 2000- 2022, which was tabled in the Parliament last week, Jamaica’s crude birth rate, which is the number of annual live births per 1,000 population, declined by 10.2 percentage points from 21.7 per 1000 population in 2000 to 11.4 per 1000 population in 2022.

The report further stated that in 2019 there were more than 576,738 Jamaicans under the age of 15 compared to 261,750 Jamaicans over the age of 65. However, between 2000 and 2019 the child population decreased while the elderly population grew by 32.6 per cent.

“A big part of what we’re discussing at the ministry now is how do we contemplate the future of work that must contemplate the future of integration of [the elderly] cohort. You cyah go home and sit down any more just like that,” the minister said.

“We have a lot to think about in terms of the new frontier in which all citizens will have to now participate to their full capacity,” he stressed.

Of the 1,320,400 people in the workforce up to October 2023, according to Statistical Institute of Jamaica, approximately only 20 per cent of them are part of a pension plan.

This means a majority of people retiring will have to find other sources of income when they leave the workforce.

And according to Financial Services Commission, as at June 30, 2022 the total value of assets in the pensions industry amounted to $705.58 billion.

Worker’s Week and Labour Day celebratory activities will commence on May 17, ending on May 23.

The minister said activities will be tailored to celebrate the progress of Jamaican workers and the labour movement, from its birth to an era of industrial harmony when workers now have a right to representation in the bargaining process.

“That industrial harmony is not just happening by coincidence. It is happening through a very deliberate approach to ensure that there is a space created by our permanent secretary and by our team for people to come and safely have discussions,” he said.

The minister further noted that Jamaica has made significant progress implementing provisions under the Disabilities Act of 2014, to safeguard the rights of persons with disabilities.

He said that this year’s focus is a call to action for all Jamaicans to pledge their support in fostering the inclusivity that is necessary — moving beyond talk to action.

“It serves as a reminder that everyone of us — regardless of our challenges, regardless of our abilities — that we are all in circumstances that merit equal access to opportunities and services,” said Charles Jr, adding that all Jamaicans will benefit from increased access.

“Our focus is on providing access but it surpasses just physical access, and this is something that we want to reiterate. We are talking now about access to education, access to financial and social support, and access to employment opportunities,” said the minister.

{"xml":"xml"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

UPDATE: Two powerful earthquakes strike Venezuela, destroying buildings
Latest News, Regional
UPDATE: Two powerful earthquakes strike Venezuela, destroying buildings
June 24, 2026
CARACAS, Venezuela (AFP) — Two earthquakes of magnitude 7.2 and 7.5 struck the same area of Venezuela on Wednesday evening, causing buildings to colla...
{"jamaica-observer":"Jamaica Observer"}
Cocaine seizures in 2026 eclipse last six years combined – police
Latest News, News
Cocaine seizures in 2026 eclipse last six years combined – police
June 24, 2026
KINGSTON, Jamaica —  In the first six months of 2026,   the  Firearms and Narcotics Investigation Division (FNID) has seized more cocaine than the com...
{"jamaica-observer":"Jamaica Observer", "breaking-news":"Push Notifications"}
Emerging synthetic drug threat at Jamaican borders, says customs
Latest News, News
Emerging synthetic drug threat at Jamaican borders, says customs
June 24, 2026
KINGSTON, Jamaica   —   The Jamaica Customs Agency (JCA) is reporting an emerging synthetic drug threat within Jamaica’s border environment, with an i...
{"jamaica-observer":"Jamaica Observer"}
Vinicius Junior sparkles as Brazil beat Scots to reach World Cup last 32
Football, Latest News, Sports, ...
Vinicius Junior sparkles as Brazil beat Scots to reach World Cup last 32
June 24, 2026
MIAMI, United States (AFP) — Vinicius Junior made it four goals in three games at the World Cup as Brazil cruised to a 3-0 victory over Scotland on We...
{"jamaica-observer":"Jamaica Observer"}
Morocco overcome historic Haiti goals to maintain World Cup momentum
Football, Latest News, Sports, ...
Morocco overcome historic Haiti goals to maintain World Cup momentum
June 24, 2026
ATLANTA, United States (AFP) — Morocco twice overcame the shock of conceding to Haiti to win a World Cup thriller 4-2 in Atlanta on Wednesday, but mis...
{"jamaica-observer":"Jamaica Observer"}
Jamaican on bail after Nantucket stabbing
Latest News, News
Jamaican on bail after Nantucket stabbing
June 24, 2026
A Portland man arrested after allegedly stabbing another male in what he says was self-defence in Nantucket, Massachusetts on Tuesday, has been releas...
{"jamaica-observer":"Jamaica Observer"}
ICC judges sue Trump over ‘draconian’ sanctions
International News, Latest News
ICC judges sue Trump over ‘draconian’ sanctions
June 24, 2026
Three International Criminal Court judges sanctioned by the United States filed a lawsuit Wednesday against President Donald Trump and other senior US...
{"jamaica-observer":"Jamaica Observer"}
Magnitude 7.1 earthquake strikes Venezuela
Latest News, Regional
Magnitude 7.1 earthquake strikes Venezuela
June 24, 2026
CARACA, Venezuela (AFP) — A magnitude 7.1 earthquake struck Venezuela on Wednesday, the United States Geological Survey (USGS) reported, triggering pa...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct